Common use of Technical Deficiencies Clause in Contracts

Technical Deficiencies. If Buyer shall have notified Sellers pursuant to Section 6.10(a) of any Technical Deficiency within thirty (30) days after the date of this Agreement and Sellers shall not have agreed within the period specified in Section 6.11(b) to remedy such Technical Deficiency; provided, however, that Buyer may only terminate this Agreement pursuant to this Section 9.2(c) by delivering written notice to ValueVision within seven (7) days after the end of the period specified in Section 6.11(b) during which Sellers had the right to elect to remedy such Technical Deficiency.

Appears in 1 contract

Sources: Asset Purchase Agreement (Valuevision International Inc)

Technical Deficiencies. If Buyer shall have notified Sellers pursuant to Section 6.10(a) of any Technical Deficiency within thirty (30) days after the date of this Agreement and Sellers shall not have agreed within "Within the period specified in Section 6.11(b) to remedy such Technical Deficiency; provided, however, that Buyer may only terminate this Agreement pursuant to this Section 9.2(c) by delivering written notice to ValueVision within seven (7) days after the end of the period specified in Section 6.11(b) during which Sellers had the right to elect to remedy such Technical Deficiency.

Appears in 1 contract

Sources: Asset Purchase Agreement (Paxson Communications Corp)

Technical Deficiencies. If Buyer shall have notified Sellers pursuant to Section 6.10(a) of any Technical Deficiency within thirty (30) days after the date of this Agreement and Sellers shall not have agreed within the period specified in Section 6.11(b) to remedy such Technical Deficiency; provided, however, that Buyer may only terminate this Agreement pursuant to this Section 9.2(c) by delivering written notice to ValueVision within seven (7) days after the end of the period specified in Section 6.11(b) during which Sellers had the right to elect to remedy such Technical Deficiency.

Appears in 1 contract

Sources: Asset Purchase Agreement (Paxson Communications Corp)